TSB Bank has lifted its earnings, due to attracting more customers.
The Taranaki-based bank made a profit before tax of $66.5 million in the year to March, an increase of 10% on the previous year.
Lending rose 4% to $2.7 billion, and deposits rose 6% to a record $4.7 billion, while loan arrears declined.
Net profit rose 20% to $47.8 million.